[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 12 KB, 416x416, https___i.forbesimg.com_media_lists_companies_schlumberger_416x416.jpg [View same] [iqdb] [saucenao] [google]
19014482 No.19014482 [Reply] [Original]

Buy $SLB while its not too late.
$SLB works with the oil industry:
>seismic acquisition and processing, prospecting, drilling and maintenance of oil wells, fracturing and hydraulic stimulation etc

https://oilprice.com/Energy/Energy-General/The-Major-Problem-With-Shutting-Down-Oil-Wells.html

Many wells getting shutdown and will have to be restored again, guess who does the job?

Even as crude oil increases, SCHLUMBERGER wins. It's a double whammy.

One of the lowest volatile oil stocks as well

>> No.19014630

>>19014482
Based. I picked up 380 shares when it dipped to 17.20 today. OPEC cut down production 1 million barrels, bullish

>> No.19014663

>>19014482
This is a good stock fyi, don't know why OP shared it here.

Personally I'd wait a bit

>> No.19014674

>>19014482
sounds like a Tim and Eric company. no thx

>> No.19014751

>>19014482
The fuck? Schlumberger makes electrical instruments.

>> No.19014818

>>19014482
Zoom out

These bitches couldnt capitalize on their undisputed technology and market lead over the past years. Sad.

>> No.19014838

>>19014751

>Schlumberger is an international oilfield services company. Schlumberger employs approximately 100,000 people representing more than 140 nationalities working in more than 120 countries. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague

Nah son. (Taken from Wiki)

>> No.19014886

This is prob a good play. Personally I bought XOM (ExonnMobil)

Great long term investment

>> No.19014953
File: 142 KB, 738x461, 181E5857-3C7E-40B0-AF61-59CA900BCCB3.jpg [View same] [iqdb] [saucenao] [google]
19014953

>>19014482

>>19000214
Keep pumping

>> No.19014988

>>19014630
based

>>19014663
based and waitpilled

>>19014751
kek

>>19014818
They learned from their mistakes. They will lead in a couple of years. Their R&D blows all other oil companies.

>>19014886
XOM or SLB, you're gonna make it

>> No.19015069
File: 42 KB, 647x615, OPISNOTAFAG.jpg [View same] [iqdb] [saucenao] [google]
19015069

>>19014482
Thanks OP. Seems like a good buy. Gonna add it to my portfolio.

>> No.19015091

>>19014838
Yeah I see that now. But they certainly do make electrical instruments also. I use them everyday. Very diverse company it seems.

>> No.19015161
File: 16 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
19015161

>>19014988
>kek
Pic related

>> No.19015174

>>19015091
that's whats special about it as well. They are very diverse so if oil takes the shit they are diverse and could cover their asses

>> No.19015199

>>19015161
it was funny the way you said it, I know they make electrical instruments. I wasn't laughing at you friend

>> No.19015342

>>19014482
Personally I prefer HAL and MPC but to each their own

>> No.19015522

Long futures since $12.40 AMA

>> No.19015561

I like the company but am in no rush to invest in this sector. The sector is pricing in a strong demand EOY. If q3 earnings forecasts poor / slow outlook this is gunna plummet with high debt and bankruptcy concerns. Initiating at <10. It does have the potential to hit the 30s again if you get lucky. Too risky for me at current prices imo.

>> No.19015652

>>19015561
>Im in no rush to invest in this sector.
SLB has already doubled in price since march. Saudis just cut production again, economy reopening, with vaccine in the works. SLB is in more debt than other refineries, BUT the American energy sector in general is not going anywhere. You should have bought the dip.

>> No.19015657

>>19015522
based

>>19015561
gotta take risks to make money. This whole market is risky right now. As long as you’re not investing life savings, you will be fine in the long run

>> No.19015682

>>19015561
Add to that, The treasury yield is going to be negative next year. Energy will be the safest place to park money for dividends. People will be pouring money into this sector.

>> No.19015932
File: 54 KB, 750x585, 24A32C70-2BDF-4B2A-A566-B264FD69F5F1.jpg [View same] [iqdb] [saucenao] [google]
19015932

>>19015652
>>19015682
Absolutely based and checked

>> No.19016464

>>19015932
>checked
>no dubs
what in tarnation?

>> No.19016535

get SLB and EPD for the long haul and dividends

>> No.19016557

>>19016535
MPC and HAL are better brah. Dividends are higher

>> No.19016622

>>19016557
SLB has higher potential growth

>> No.19016642
File: 29 KB, 400x400, 1588985095804.jpg [View same] [iqdb] [saucenao] [google]
19016642

>>19016557
HAL o fren
>>19014482
What's the word on MRO? am I retarded?

>> No.19016715

>>19016622
not higher than HAL or MPC this year. I sold SLB and bought HAL because SLB had a higher debt load and worse balance sheet. I don't see it failing though

Halliburton march dividend is .18 a share
SLB dividend is .125 a share
MPC dividend is .58 a share

>> No.19016744

>>19016642
You should buy MRO with all spare cash while its under 6. Thank me in a Year

>> No.19016807

>>19015199
But they dont anymore. Itron bought them out some years back..

>> No.19016863
File: 47 KB, 830x548, 1586524833056.jpg [View same] [iqdb] [saucenao] [google]
19016863

>>19016744
Don't play with my emotions

>> No.19016880

>>19014482
Bought HAL and SLB this morning. Reminder that gold mining companies are also very cheap and the gold bull market is just starting.

>> No.19017089

>>19016880
congratulations on your upcoming gains. hodl

>> No.19017224

>>19016715
>MPC - Marathon Petroleum
>MRO - Marathon Oil
are they related? any sense in buying both or is that retarded

>> No.19018210

>>19017224
they are separate companies. Both very solid. MPC owns refineries, MPLX, transportation and speedway, which may be doing a spin off in the next two years. That would be VERY good for the stock price. Its owned by a lot of institutions such as Vanguard Fidelity etc.

>> No.19018315

>>19014988
Lol no they didnt, but thanks for thinning the heard of potential millionaires by shilling this worthless garbage

>> No.19018421

>>19018315
>calling SLB worthless garbage
thanks just bought an extra 100k